1812 E 600 SJonesboroIN46938
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1812 E 600 S, Jonesboro, IN, 46938 in Jonesboro is a solid income-producing rental, 9.18% gross yield, $1,568/mo rent, $338/mo net cash flow on a $205,000 buy. DSCR 1.61 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $56,638 and $1,719/yr in principal reduction project a total cumulative return of $95,417.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $338 | $150 |
City averages based on Jonesboro market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,568 |
| Total Monthly Debt Service | $1,199 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46938, Jonesboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 904 (75.6%) |
| Renter Occupied HU | 182 (15.2%) |
| Vacant Housing Units | 110 ( 9.2%) |
| Median Home Value | $133,036 |
| Average Home Value | $179,433 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
28
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
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